Terms of use

1. Preface

Please read these Terms of Use (hereafter “Terms”) before using

  • the Navcoin.org or any other website that is published by the Navcoin decentralized autonomous organization (hereafter Navcoin DAO)
  • any related services, software or products that are provided by the Navcoin DAO.

All websites, services, software and products including the cryptocurrency tokens NAV and xNAV published and/or provided by the Navcoin DAO are hereafter collectively referred to as “Navcoin Services”.

The websites (hereafter “Navcoin websites”) that are published and maintained by the Navcoin DAO are:

  • Navcoin.org
  • Nav.community
  • Navpay.navcoin.org

© Navcoin 2014-2021 is released under the MIT license. Navcoin is a decentralized and open-source, peer-to-peer virtual currency (generally also referred to as cryptocurrency) with advanced community governance mechanisms, Proof of Stake algorithm and user privacy protection features. The Navcoin DAO does not refer to any specific individual or group of individuals. The Navcoin DAO is an organization represented by rules encoded as a computer program that is transparent and open-source. It is self-funded, self-guided, self-governed and not influenced by a central government. Part of the Navcoin DAO can be anyone that engages in Navcoin by means of network validation, community engagement or by merely showing interest in the project. The Navcoin DAO is not controlled by any legal entity or individual.

These Terms govern your access to and use of the Navcoin Services. By using any of the Navcoin Services you agree to the Terms and our Privacy Policy and you confirm that you are legally allowed to use the Navcoin Services in the country of your residence.

2. No investment or financial advice

The Navcoin DAO does not provide individual or customized legal, tax, financial, or investment services. Since each individual’s situation is unique, a qualified professional should be consulted before making financial decisions. The Navcoin DAO’s tokens NAV and xNAV (hereafter collectively “NAV/xNAV” if explicitly referred to and not including any other of the Navcoin Services) are meant to be used as a medium of exchange. Nothing on the Websites constitutes investment advice or a solicitation to buy, hold, invest in, own, or use NAV/xNAV.

3. No liability for losses

The Navcoin DAO is not responsible for any damages, claims, or losses arising from the use of Navcoin Services, including the actions or inactions or events related to third parties, security problems, technical failures including data corruption and errors during the use of any of the Navcoin Services.

4. Disclaimer of warranties

The Navcoin DAO disclaims all warranties, representations and conditions of any kind, whether express or implied, including, but not limited to the implied warranties and conditions of merchantability, fitness for a particular purpose and non-infringement, with respect to the use of the Navcoin Services, or the accuracy, completeness, timeliness or currentness of their content, in any way and for any purpose.

5. Exclusion of consequential damages

In no event will the Navcoin DAO be liable for any incidental, special, consequential, exemplary or indirect damages or loss of data arising out of the use of or inability to use any of the Navcoin Services, even if the Navcoin DAO has been advised of the possibility of such damages.

6. Exclusion of limitations and disclaimers

Because some jurisdictions do not allow the disclaimer of warranties, or the exclusion or limitation of liability for consequential or incidental damages, in such jurisdictions the Navcoin DAO’s liability is limited to the greatest extent permitted by law.

7. Viruses and malware

The Navcoin DAO takes significant precautions to ensure the files available for downloading through the Websites are not tampered with. Appropriate SHA hashes are provided for end users to confirm that they have downloaded the correct file. Nonetheless, the Navcoin DAO cannot does not guarantee that files available for downloading through the Websites will be free of infection or viruses or other code that may have contaminating or destructive properties. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for integrity, security and accuracy of data input and output, and for maintaining a means external to the Websites for the reconstruction of any lost data. It is almost always advisable to check the SHA hashes of the files you have downloaded, and if in any doubt consider compiling software provided by the Navcoin DAO from the source code.

8. Prohibited use cases

You may use the Navcoin Services only for purposes that are conformable to law and in accordance with these Terms. You agree not to use the Navcoin Services:

  • In any way that violates any applicable federal, state, local or international law or regulation
  • For the purpose of exploiting, harming or attempting to exploit or harm minors in any way by exposing them to inappropriate content, asking for personally identifiable information or otherwise
  • To send, knowingly receive, upload, download, use or re-use any material which does not comply with these Terms of Use
  • To transmit, or procure the sending of, any advertising or promotional material without the Navcoin DAO’s prior written consent, including any "junk mail", "chain letter" or "spam" or any other similar solicitation
  • To impersonate or attempt to impersonate another, or any other person or entity (including, without limitation, by using e-mail addresses or screen names associated with any of the foregoing)
  • To engage in any other conduct that restricts or inhibits anyone's use or enjoyment of the Navcoin Services, or which, as determined by the Navcoin DAO, may harm the Navcoin DAO or the users of the Navcoin Services or expose them to liability
Additionally, you agree not to:
  • Use the Websites in any manner that could disable, overburden, damage, or impair the Websites or interfere with any other party's use of the Websites, including their ability to engage in real-time activities through the Websites
  • Use any robot, spider or other automatic devices, process, software or means to access the Websites for any purpose, including monitoring or copying any of the material on the Websites
  • Use any manual process to monitor or copy any of the material on the Websites or for any other unauthorized purpose without our prior written consent
  • Use any device, software or routine that interferes with the proper working of the Websites
  • Introduce any viruses, Trojan horses, worms, logic bombs or other material which is malicious or technologically harmful
  • Attempt to gain unauthorized access to, interfere with, damage or disrupt any parts of the Websites, the server on which the Websites are stored, or any server, computer or database connected to the Websites
  • Attack the Websites via a denial-of-service attack or a distributed denial-of-service attack
  • Otherwise attempt to interfere with the proper working of the Websites

9. Changes to the Websites

The Navcoin DAO may update the content on the Websites from time to time, but its content is not necessarily complete or up-to-date. Any of the material on the Websites may be out of date at any given time, and the Navcoin DAO is under no obligation to update such material.

10. Information about you and your visits to the Websites

All information collect on these Websites is subject to our Privacy Policy. By using the Websites, you consent to all actions taken by the Navcoin DAO with respect to your information in compliance with our Privacy Policy.

11. Links from the Websites

If the Websites contain links to third party websites and resources provided by third parties, these links are provided for your convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. The Navcoin DAO has no control over the contents of third party websites or resources and accepts no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third party websites linked on the Websites, you do so entirely at your own risk and subject to the terms and conditions of use for such third party websites.

12. Reliance on information posted on the Websites

The information presented on or through the Websites is made available solely for the purpose of general information. The Navcoin DAO does not warrant the completeness, accuracy or usefulness of this information. Any reliance you place on this information is at your own risk. The Navcoin DAO disclaims all responsibility and liability arising from any reliance placed on such materials by you or any other visitor to the Websites, or by anyone who may be informed of any of their contents.

The Navcoin DAO is not responsible, or liable to you or any third party, for the content or accuracy of any materials provided by any third parties.

The Websites are published and maintained by the Navcoin DAO. Feedback, comments, requests for technical support and other communications relating to the Websites can be directed to: admin[at]navcoin.org Alternatively you can contact members of the Navcoin DAO via the Discord application.

Privacy Policy

The Navcoin decentralized autonomous organization (hereafter “Navcoin DAO”) is dedicated to your privacy.

This privacy policy is primarily intended to inform you about the processing of your personal data on the websites published and maintained by the Navcoin DAO (hereafter: “Websites”) as well as our social media channels and the rights to which you are entitled under data protection law. Any personal data is collected and processed in accordance with this privacy policy and the General European Data Protection Regulation (GDPR). The list of Websites can be found in our Terms of Use section.

By using the Websites, you agree to the collection and use of information in accordance with this policy.

This information does not apply to the websites of third parties and the corresponding links given on our Websites.

Table of contents

  1. Responsible for data protection
  • Scope of the processing of personal data
  • Security of your data
  • Duration of data storage
  • Your rights as data subject
  • Cookies
  • Changes to this Privacy Policy

    1. Responsible for data protection

    Please contact us via e-mail for matters regarding data protection: admin[at]navcoin.org

    2. Scope of the processing of personal data

    We will only collect and use the personal data of our users to the extent that is necessary for the functionality of the Websites and the provision of services and content. When using our Websites for purely information purposes, we will not collect any personal data, with the exception of the data transmitted by your browser and the information (IP address, etc.) in server log files that our hosting provider may collect. With the exception of the hosting provider for our Websites, we do not share any personally identifying information publicly or with third parties, except when required to by law.

    We are entitled to transfer your personal data to third parties abroad for the purposes of the data processing described in this Privacy Policy. These recipients are obliged to protect data privacy to the same extent as described in this Privacy Policy. If the level of data protection in a given country does not correspond to the European Union’s data protection level, we can ensure that the protection of your personal data corresponds to that in the European Union at all times by complying with the GDPR.


    You may contact us by e-mail to one of the e-mail addresses provided on the Websites. In order to process this your e-mail sent to us, you must (voluntarily) provide the following information: name/alias, subject, e-mail address, message. We use this data, which you may give voluntarily, only in order to answer your reply to your e-mail in the best possible manner.

    In order to subscribe to the Navcoin newsletter, you must voluntarily provide your name/alias, and e-mail address. By registering, you give consent to process the given data in order to periodically send the newsletter to the address you have given. All information gathered this way will never be passed on or sold to any third party.

    At the end of each newsletter email a link is provided that enables you to unsubscribe from the newsletter at any time.

    Social Media

    The Websites may include links to social networks such as, Discord, Reddit, GitHub, YouTube, Twitter, Facebook, Telegram, and others on our websites. By clicking these links, the operators of the respective social networks may record that you are on our websites and may use this information. It is the responsibility of these third party platforms to implement their privacy policy that is not within our purview. The Navcoin DAO is not responsible for data collected by these third party platforms.

    3. Security of your data

    We use appropriate security measures to protect your stored personal data against manipulation, partial or complete loss, and access by unauthorized third parties. Our security measures are continuously being improved and in line with technical developments.

    Be aware that any data transmission on the internet (e.g. communication by e- mail) is generally not secure and we accept no liability for data transmitted to us via internet.

    4. Duration of data storage

    Processing and storage of personal data will only be done for the period necessary to achieve the purpose of storage, or as far as this is granted by the applicable laws or regulations. If the storage purpose is not applicable, or if a storage period prescribed by the applicable laws expires, personal data is routinely erased in accordance with the legal requirements.

    5. Your rights as data subject

    If your personal data is processed, you are a data subject within the meaning of the GDPR. The applicable data protection law grants you extensive data subject rights which we inform you about below:

    Withdrawal of consent (Article 7(3) GDPR)

    If you have given your consent to the collection or use of personal data, you can withdraw this at any time by e-mail with effect for the future. The withdrawal of consent shall not affect the lawfulness of processing based on consent before its withdrawal.

    Right of access (Article 15 GDPR)

    You have the right to obtain confirmation as to whether or not, and which personal data concerning you we process. On request, we shall send you this information in writing via e-mail.

    Right to rectification (Article 16 GDPR)

    You have the right to obtain the rectification of inaccurate personal data concerning you and to have incomplete personal data completed.

    Right to erasure (‘right to be forgotten’) (Article 17 GDPR)

    You have the right to obtain the erasure of personal data concerning you where the statutory conditions under Article 17(1) and (3) GDPR apply.

    Right to restriction of processing (Article 18 GDPR)

    You have the right to obtain restriction of processing of your data under certain conditions.

    Right to data portability (Article 20 GDPR)

    You have the right to data portability, which means the right to receive the personal data you have provided to us. Please contact us via e-mail for that purpose.

    6. Cookies

    Cookies are files with small amount of data, which may include an anonymous unique identifier. Cookies are sent to your browser from a web site and stored on your computer’s hard drive. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of our site.

    We use cookies for the following purposes:

    To keep track of whether you have pressed the “OK” button on the cookie disclaimer, so we don’t bother you with the notification if you have.

    Our Analytics software (Google Analytics) uses cookies to measure and better understand user-interactions on our Site. You can read more about how Google Analytics uses cookies below.

    Google Analytics

    We use a third-party JavaScript plug-in provided by Google called “Google Analytics” to provide us with useful traffic statistics and to better understand how you use our site. We do not have direct access to the information obtained from Google Analytics, but Google provides us with a summary through their dashboard.

    We may share the information obtained from Google Analytics with business partners who are interested in advertising on our website. The information shared with these business partners will not contain any personally identifying information (Google does not provide us with direct access to the data and therefore we cannot see this information).

    You can opt-out of having your information collected by Google Analytics by downloading the Google Analytics opt-out browser add-on provided by Google. This will prevent your information being used by Google Analytics. Doing this will not affect your ability to use our Site in any way. You can download the opt-out browser add-on here. We also honor the Do Not Track header and will not track visitors who have Do Not Track switched on.

    7. Changes to this Privacy Policy

    We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new privacy policy on this website. You are advised to review this Privacy Policy periodically for any changes.

    This Privacy Policy was last updated: 22th January, 2021.